Pros
Decent compensation if you negotiate right Good benefits package Good amount of PTO per year Good performance based bonuses Most of the local employees and a few of the ex-pats are really good people. Have made a lot of good friends here.
Cons
Annual raises are slim to none, even if you are a top 5% performer in your annual appraisal You are expected to have no personal life and work 24 hours a day, 7 days per week to accommodate the US and HQ (China) work schedules. Travel reimbursement policy is absurd. Employee pays for all expenses up front and must seek reimbursement from the company which can take months in some cases. Even if a US VP approves your expenses, it can later get rejected by China. Very very few business decisions can be made by the US management team - most are just figureheads assigned to working with the US media. This means most decisions are ill advised by someone who may have never even been to the US market before, therefore leaving critical projects struggling with decisions and strategies that baffle the customers.